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The expectation of interest rate cuts has been completely shattered, it's bad news, rate hikes are basically certain, and institutions are all selling off? $BTC I tend to think it will continue to fluctuate downward this month, 75,000 is the first test, if it can't hold, 70,000 or even lower might be tested. $ETH is more elastic than BTC, but that also means it has stronger damage when it falls. If BTC can't hold, ETH will fall even harder. $ZEC's previous gains have already been crazy enough; the stronger the speculative coin, the more you have to beware of high-level capital cashing out. Now I actually prefer its bearish logic. PPI year-on-year 5.4%, CPI month-on-month 0.4%, core CPI month-on-month 0.3%, inflation hasn't given the Federal Reserve much room to ease. The market's expectation for a rate hike in September continues to heat up, and BTC has been under pressure from around $80,000, dropping as low as nearly $77,000. More notably is the capital flow. At the beginning of September, BTC spot ETFs were still crazily attracting funds, with about $1 billion flowing in over just three trading days, but then continuous net outflows occurred, with single-day outflows even expanding to about $280 million. The attitude of capital has changed, making it naturally more difficult for the price to continue to be forcibly pulled up. September 16 FOMC, September 25 BTC and ETH quarterly options expire concentratedly, the next two weeks are destined to be anything but calm. #PPI、CPI公布后，多家机构上调9月加息预期 Just personal opinion, not any investment advice!